cigarette tax in india 2025 Smokers woke up to sticker shock as cigarettes and tobacco products became more expensive following fresh changes that came into force on 1 February. The price hike sparked an instant reaction ITC faces medium-term earnings hit
ITC faces medium term earnings hit from sharp tobacco tax hike S&P Global Parliament has approved the Central Excise Amendment Bill 2025, significantly increasing taxes on tobacco products to maintain overall levies after the GST compensation cess expires. Cigarette excise duty will rise steeply from India Parliament Updates Tobacco Tax Rules 2025 JP ASSOCIATES posted on the topic LinkedIn A higher sin tax is the need of the hour. Here's why India Today
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